renminbi

[ ren-min-bee ]

/ ˈrɛnˈmɪnˈbi /

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noun, plural ren·min·bi.

the currency of the People's Republic of China, the basic unit of which is the yuan.

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Origin of renminbi

1955–60; <Chinese rénmínbi, equivalent to rénmín people + bì currency

Words nearby renminbi

renifleur, reniform, renin, renitent, renk, renminbi, Rennes, rennet, Rennie, rennin, reno

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use renminbi in a sentence

The lower the value of the renminbi, the cheaper Chinese exports and the more expensive the American exports.
Obama's China Summit Woes|Leslie H. Gelb|January 16, 2011|DAILY BEAST
When Beijing pays for those dollars with renminbi, it inflates its own money supply.
Showdown in Seoul|Gordon G. Chang|November 10, 2010|DAILY BEAST
Beijing needs to be concerned that a weakened Obama will be in no position to veto legislation targeting the renminbi.
Obama's Apology Tour|Gordon G. Chang|September 5, 2010|DAILY BEAST
Up until then, the Chinese central bank had pegged the value of the renminbi to the dollar.
Obama's Apology Tour|Gordon G. Chang|September 5, 2010|DAILY BEAST

By keeping the renminbi artificially low, the central government makes Chinese exports cheap in foreign countries.
China's Currency Ploy|Gordon G. Chang|June 21, 2010|DAILY BEAST

British Dictionary definitions for renminbi

renminbi

renminbi yuan

/ (ˌrɛnˌmɪnˈbiː) /

noun plural renminbi

another name for the Chinese yuan

Word Origin for renminbi

Chinese renmin people + bi currency

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012